* The Succession Institute, LLC is not a CPA Firm

Family Business Personnel/Employee Development

Posted: October 2, 2007 at 9:34 am   /   by   /   comments (0)

Personnel Performance Services include:

  • Developing accountability within the family business;
  • Refining incentive and compensation systems to coordinate with the family business’s strategic direction;
  • Conducting teambuilding and training; and
  • Coaching key executives to enhance their leadership and change management skills.

Personnel is a difficult area because an under-performing employee could be due as much to the manager’s incompetence as it is to the corporate culture, the policies and procedures, or the employee’s inabilities or attitudes. Therefore, resolving or improving performance is a combination of assessing multiple people’s existing skills, attitudes, and capabilities, and then matching that with incentive systems based on objective agreed-to metrics. This is an area where “in-the-trenches experience” is really beneficial, which our decades of experience in working with family businesses as owners and as consultants has provided to us at Succession Institute, LLC.

To gain more insight into our perspectives in this area, various papers, articles and newsletters are available under the File Cabinet menu.  Once you register on our website, you will have access to our Articles and Newsletter submenus full of documents for your review.